According to ChainCatcher, Binance Regional Market Director Vishal Sacheendran said in an interview at the Token2049 event that the November election is not expected to have a significant impact on the regulation of the global digital asset industry.

"Crypto regulation is completely decentralized," Sacheendran said. "Will (the US election) affect the way countries in the Middle East, Latin America and Southeast Asia treat the crypto market? They know what is the best option for the country."

It pointed out that Asian regions such as Singapore, Thailand, Indonesia and India have now become important crypto markets, and leaders and regulators in these regions are more open to cultivating Web3 talents.